month. I compile information for the post from a screening feature available to subscribers at Dividend.com. Unfortunately, there's no easy way to screen my entire watch list in one go, so I have to do a lot of manual work. It takes at least 2 hours to do a month's worth of announcements. To reduce the time I spend per post, I've decided to increase the frequency of my posts. In future, I'll report dividend adjustments twice monthly, mid-month and end-of-month.
The following table provides a summary of recent dividend increases for stocks in my watch list, sorted by the last column, %Increase. Dividend amounts are annualized.
Dividend Increases: Nov 16 - Nov 30, 2013
Company |
Ticker |
Price (Nov 29) |
Previous Dividend |
New Dividend |
Current Yield |
%Increase |
Main Street Capital Corporation | MAIN | 32.95 | 1.92 | 3.00 | 9.10% | +56.25 |
Becton, Dickinson and Co. | BDX | 108.59 | 1.98 | 2.18 | 2.01% | +10.10 |
South Jersey Industries Inc | SJI | 56.70 | 1.77 | 1.89 | 3.33% | +6.78 |
Williams Companies, Inc. | WMB | 35.22 | 1.47 | 1.52 | 4.32% | +3.75 |
Merck & Co., Inc. | MRK | 49.83 | 1.72 | 1.76 | 3.53% | +2.33 |
Teva Pharmaceutical Industries Ltd | TEVA | 40.76 | 1.09 | 1.11 | 2.72% | +1.42 |
NTT Docomo Inc | DCM | 16.07 | 0.63 | 0.60 | 3.73% | -4.61 |
DCM is a semi-annual dividend payer with a pattern of paying one smaller and one larger dividend every year. The pattern of payments since 2010 looks like this:
( $0.284 $0.310 ) ( $0.324 $0.364 ) ( $0.352 $0.368 ) ( $0.314 $0.300 )It is clear from the last two dividend adjustments that DCM has reduced its annual dividend payment over last year, so I'm removing it from my watch list.
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